Baader Bank Reiterates “€132.00” Price Target for Siemens (SIE)
A number of other analysts also recently weighed in on the stock. UBS set a €150.00 ($178.57) price target on shares of Siemens and gave the stock a buy rating in a research report on Tuesday, December 12th. Morgan Stanley set a €134.00 ($159.52) price objective on Siemens and gave the stock a buy rating in a research note on Monday, December 11th. Credit Suisse Group set a €128.00 ($152.38) price objective on Siemens and gave the stock a neutral rating in a research note on Thursday, December 7th. Barclays set a €110.00 ($130.95) price objective on Siemens and gave the stock a sell rating in a research note on Tuesday, December 5th. Finally, Citigroup restated a buy rating on shares of Siemens in a research note on Monday, December 4th. Two equities research analysts have rated the stock with a sell rating, eight have assigned a hold rating and twelve have assigned a buy rating to the company’s stock. Siemens has an average rating of Hold and an average price target of €129.76 ($154.48).
Shares of Siemens (FRA:SIE) opened at €116.75 ($138.99) on Thursday. Siemens has a 1 year low of €108.11 ($128.70) and a 1 year high of €133.39 ($158.80).
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Siemens Aktiengesellschaft operates as a technology company worldwide. The companys Power and Gas segment offers gas and steam turbines, generators for gas or steam power plants, compressor trains, integrated power plant solutions, and instrumentation and control systems for power generation, and producing and transporting oil and gas.
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